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By Commodity News Service Canada WINNIPEG, Feb. 25 – The Canadian dollar moved down slightly against the US dollar on Tuesday, as weakness in crude oil values spilled over to weigh on the currency, analysts said. The Canadian dollar closed at US$0.9020 or US$1=C$1.1086 on Tuesday, which compares with Monday’s North American settlement of US$0.9036 […] Read more

By Commodity News Service Canada WINNIPEG, Feb. 24 – The Canadian dollar was stronger Monday morning, trading back above the 90 US cent level as the currency saw a bit of a correction. At 11:07 CST, the Canadian dollar was trading at US$0.9043 or US$1=C$1.1058 which compares with Friday’s close of US$0.8982 or US$=C$1.1133. Weakness […] Read more

By Commodity News Service Canada WINNIPEG, Feb. 21 – The Canadian dollar moved lower, dropping below the 90 cents US mark on Friday amidst disappointing Canadian retail sales data, analysts said. Canadian retail sales dropped 1.8 per cent on an annualized basis in January, much below expectations calling for just a 0.4 per cent drop, […] Read more

By Commodity News Service Canada WINNIPEG, February 21 The Canadian dollar was down sharply against the US dollar after the release of disappointing Canadian retail sales data Friday morning. Statistics Canada reported that retail sales dropped 1.8 per cent in December, while economists expected a decline of only 0.4 per cent. At 8:30 CST Friday […] Read more

By Commodity News Service Canada WINNIPEG, Feb. 20 – The Canadian dollar eased against the US dollar on Thursday, with disappointing Chinese economic data behind some of the softness, analysts said. HSBC’s monthly purchasing managers’ index for China fell to 48.3 in February, from 49.5 in January, preliminary data showed. Anything below 50 shows contraction. […] Read more

By Commodity News Service Canada WINNIPEG, Feb. 20 – The Canadian dollar was weaker at midday Thursday, seeing a continuation of Wednesday’s move lower as soft Chinese economic data put some pressure on the currency. At 11:45 CST, the Canadian dollar was trading at US$0.9007 or US$1=C$1.1102 which compares with Wednesday’s close of US$0.9024 or […] Read more

By Commodity News Service Canada WINNIPEG, February 20 The Canadian dollar was little changed compared to the US dollar Thursday morning, as the market was consolidating following Wednesday’s sharp drop, analysts said. At 8:45 CST Thursday the Canadian dollar was at US$0.9022 or US$=C$1.1084, which compares with Wednesday’s North American close of US$0.9024 or US$=C$1.1082. […] Read more

By Commodity News Service Canada WINNIPEG, Feb. 19 – The Canadian dollar moved sharply lower on Wednesday, losing more than a cent against the US dollar. The Canadian dollar closed at US$0.9024 or US$1=C$1.1082 on Wednesday, which compares with Tuesday’s North American settlement of US$0.9132 or US$=C$1.0951. Disappointing wholesale sales data, which highlighted weakness in […] Read more

By Commodity News Service Canada WINNIPEG, February 19 The Canadian dollar was sharply lower against the US dollar Wednesday morning, undermined by disappointing Canadian economic data, analysts said. According to Statistics Canada, wholesale sales dropped 1.4 per cent, to C$49.6 billion in December. Sales were at their lowest level in six months, StatsCan added. At […] Read more

By Commodity News Service Canada WINNIPEG, Feb. 18 – The Canadian dollar moved higher against the US dollar after Statistics Canada released its international transactions in securities report for December Tuesday morning. Statistics Canada reported that foreign investors reduced their holdings of Canadian securities by C$4.3 billion in December. The Canadian dollar closed at US$0.9132 […] Read more